$550,000

1045 S West Fox Lake Road, Angola, IN 46703

  • 8 beds |
  • 4 baths |
  • 14,358 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1955
  • Property Lot Size Icon8.65acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $38/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Auction held onsite, Saturday, October 11th, 2025, 10:00 AM Eastern | Open Houses Saturday, September 27 & Saturday, October 4, 2025, 10:00 - 11:30 AM Eastern | The price stated on this property is the assessed value. | This property may sell for more or less than the assessed value, depending on the outcome of the auction bidding. | $35,000 down day of the auction. | To see all terms, please visit our website. | Once in a lifetime opportunity to own amazing 3 Tract lakefront parcel containing 13,000+ sqft 4 unit (8 bed, 4 bath) apartment building, 10 car garage (all w/ R5 high-density multifamily zoning), beautiful countryside & 321’ of frontage on (skiing) Fox Lake—so much potential! Prime location SE of I-69 & US-20 intersection just outside Angola, easy access to major highways plus convenient shopping, dining & groceries in town w/ all benefits of country—fresh air, surrounded by nature & stunning waterfront views! Note: Tract 1 contains apartments (condo conversion zoned R5) & half acre on lakefront for total 6.9 acres & 321' of gorgeous lakefront. Tract 2 is 1.75 acres to south of apartments. Tract 3 is the combination of Tracts 1 & 2 (8.65 acres total). Fox Lake is picturesque body of water where you can enjoy fishing, boating & swimming. Outside dimensions of center building are 60’ x 50’ netting 2,850 sqft per floor, allowing for 10 vehicles in ground level garage. Space above garage is not finished, just waiting & ready for you to bring it to life! It features a wall of lakefront windows & can be turned into a communal space, office, another apartment—sky’s the limit! Apartments are tidy & well maintained w/ split 2 bedroom floor plan & one bath each. The apartment building is in great shape & has been well maintained from outside in. All 4 apartments are move-in ready w/ some variation in stages of updates. For example, 1 apartment has newer floors, some bathrooms have been updated, one apartment has stainless appliances, etc. All have open concept main living space w/ full waterfront views, full kitchen & bath w/ tub/shower combo. So many options for this property w/ space for new construction or build out, there’s plenty of space to go big! Convert to condos (8-12 units) or build the mega mansion of your dreams with the sparkling blue lake mere steps away, a relaxing & serene setting all year long! Are you ready to carve out a slice of history & make your mark on this lake?

Listing Status:
Pending
Date Added:
September 3, 2025 at 05:00AM
Listing Office:
Scheerer McCulloch Real Estate : 260-441-8636
Listing Agent:
Timothy McCulloch :
MLS ID:
202535417
  • Basement: Slab
  • Flooring: CarpetCeramic TileVinyl
  • A/C: Central Air
  • Heating: GasSpace
  • General: BlockConcreteVinyl
  • Style: Two Story
  • Other Structures: None
  • Parking: GarageLotParking spaces: 12
  • School District: MSD of Steuben County
  • Zoning: PT NE 1/4 NE 1/4 SEC 33 4.20A PT NE 1/4 SEC 33 .50A76-06-33-000-001.000-011
  • Waterfront: 321

This listing courtesy of Timothy McCulloch, Scheerer McCulloch Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Ryan Park Elementary School

1000 S John McBride Ave, Angola, IN, 46703

Grades KG-5

3.12 miles away

A

Angola Middle School

1350 E Maumee St, Angola, IN, 46703

Grades 6-8

2.79 miles away

A

Angola High School

350 S John McBride Ave, Angola, IN, 46703

Grades 9-12

3.10 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.